Springboard reveals India as growing SOA market in Asia

Springboard Research, an innovator in the IT Market Research industry, has shown that the service oriented architecture (SOA) market in India is expected to grow at a CAGR of 49 percent from 2006-2009.

As per study, Indian system integrators providing offshore services and local ISVs have also been quick to include SOA in their business plans. A number of ISVs are working with SOA platform vendors to add SOA capabilities to their applications, and many are developing new applications based on SOA frameworks.

Ravi Shekhar Pandey, senior analyst at Springboard Research, commented, "Indian companies have one of the best awareness levels of SOA and its benefits in the region. However, despite a much awareness of SOA in India, the number of companies planning to deploy SOA is less than that in China where the awareness is much lower.�

Dane Anderson, vice president of research for Springboard Research, stated, "Although the Indian market is still in the nascent stage, large organizations in banking, manufacturing and telecommunications are beginning to plan enterprise wide SOA deployments. A majority of companies and those with ambitions are more actively considering SOA than their less ambitious counterparts. The government sector is also showing interest in deploying SOA."

Springboard Research